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Rihanna, Justin Timberlake Top Finalists for iHeartRadio Music Awards

First-ever Clear Channel awards show to air May 1 on NBC from L.A.'s Shrine Auditorium.

Rihanna, Justin Timberlake and Imagine Dragons are among the leading finalists for the first-ever iHeartRadio Music Awards, set to air May 1 on NBC from the Shrine Auditorium in Los Angeles.

The "Stay" singer landed seven total entries in five categories, including artist of the year, song of the year and best collaboration -- for "Monster," her duet with Eminem. Timberlake has five entires in four categories, including artist and song of the year. Imagine Dragons are up for four, including artist of the year and alternative song of the year, for "Demons."

Macklemore & Ryan Lewis and Maroon 5 round out the artist of the year category, and the best new artist prize will pit Florida Georgia Line, Icona Pop, Imagine Dragons, Lorde, Passenger and Macklemore & Ryan Lewis.

As previously reported, the telecast will feature "this year's biggest artists and songs" along with "live performances, never-before-done duets and collaborations," including performances streamed from other venues in Los Angeles.

Nominees for the awards were based on results from the newly introduced iHeartRadioChart, which compiles airplay-based listener feedback and performance data, digital streaming data from the iHeartRadio platform and sales, social video data and tags from Big Champagne and Shazam. The data was compiled by Mediabase based on data from the past 12 months.